Commercial Land in Growing
For Sale
$430,000
HWY 51 lot 1C, Covington, TN 38019
LAND - Covington, TN
Lot Size2.75 Acres
Days on Market824
Property Features for HWY 51 lot 1C
General Information
Property type
Land
Property subtype
Other
Zoning
com
Subdivision
JACKIE DELASHMIT ETAL
Standard status
Active
Lot size
2.75 Acres
Taxes and HOA fees
Tax Annual Amount
502
Listing Agency:
Property Place · Century 21 Real Estate
(901) 476-2121
Listed By:
Harold Morris
(901) 485-7774
Added: Apr 30, 2024
Changed: May 28
Last Checked: Aug 1 at 4:06AM
MLS# 10196290
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land is situated in a growing area, offering a prime location for development. The property is located next to a restaurant and a car dealership. The total lot size is 2.75 acres. The land can be divided and sold as separate lots. The lot on the south end is 1.26 acres and is available for $175,000. The other two lots are available for $150,000 each. The property is zoned for commercial use.
Key Highlights
- Great commercial location in a growing area
- Next to a restaurant and car dealership
- Option to purchase lots separately
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 38019, TN
15,129
Population
6,543
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
140.6 sq mi
ZIP Area
108
Density / Sq Mi
$59,957
Median Household Income
$38,118
Median Earnings
$912
Median Rent
$195,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land available in a growing area near Highway 51.
Where is this commercial land located?
The property is located at HWY 51 lot 1C Covington, TN.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Great commercial location in a growing area; Next to a restaurant and car dealership; Option to purchase lots separately